Advertisement
CAC 40 Edges Higher In Lackluster Trade
(RTTNews) - French stocks edged up slightly on Wednesday ahead of an address by Italian Prime Minister Mario Draghi. He will address the Senate before facing a confidence vote amid a political crisis.
Underlying sentiment remained supported as energy supply worries eased following reports that Russia will likely restart energy supplies to Germany.
Elsewhere, there were reports that Chinese authorities are preparing to impose a fine of more than $1 billion on ride-hailing firm Didi Global over data breaches, raising hopes that the worst of the tech crackdown is over.
The benchmark CAC 40was up 14 points, or 0.2 percent, at 6,216 after rising 1.8 percent on Tuesday.
read more
Canadian Dollar Eases Against Most Majors
The Canadian dollar retreated against its most major counterparts in the New York session on Friday.
RTTNews
|
7h 42min ago
Swiss Market Ends Sharply Lower
The Switzerland market closed weak on Friday, tracking weak global cues after U.S. President Donald Trump's latest tariff moves raised fears of a global trade war.
RTTNews
|
11h 53min ago
European Stocks Close Weak As Trade War Fears Hurt Sentiment
European stocks closed lower on Friday as trade war fears resurfaced after U.S. President Donald Trump announced a 35% tariff on Canadian goods, effective August 1, 2025, and warned of a blanket tariff of 15-20% on most trading partners.
RTTNews
|
12h 10min ago
Canadian Market Remains Weak On Tariff Concerns
After a weak start and a subsequent drop to lower levels, the Canadian market continues to languish in negative territory a little past noon on Friday. The mood is cautious amid escalating trade war fears following U.S. President Donald Trump announced a 35% tariff on all non-USMCA Canadian imports, effective August 1.
RTTNews
|
12h 49min ago
Bay Street Likely To Open Lower
Canadian shares look headed for a weak start on Friday due to trade war concerns, although fairly firm crude oil and bullion prices may help limit the market's downside. Data showing an increase in Canadian employment in the month of June and a drop in the unemployment rate may also aid sentiment a bit.
RTTNews
|
16h 32min ago
Pound Falls As U.K. Economy Contracts For Second Straight Month
The British pound weakened against other major currencies in the European session on Friday, as the UK economy shrank for the second consecutive month in May, adding challenges to Chancellor Rachel Reeves in achieving her self-imposed borrowing rules.
RTTNews
|
16h 40min ago
Wall Street Likely To Open On Weak Note
Lower futures and escalating fears of a global trade war point to a weak start for U.S. stocks Friday morning.
RTTNews
|
16h 59min ago
Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Friday.
RTTNews
|
17h 2min ago
